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: 58.60 (As of Mar. 2022)
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Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense . Filtra Consultants and Engineers's Operating Income for the six months ended in Mar. 2022 was ₹24.6 Mil . Filtra Consultants and Engineers's Interest Expense for the six months ended in Mar. 2022 was ₹-0.4 Mil . Filtra Consultants and Engineers's interest coverage for the quarter that ended in Mar. 2022 was 58.60 . The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Filtra Consultants and Engineers Ltd has no debt.

The historical rank and industry rank for Filtra Consultants and Engineers's Interest Coverage or its related term are showing as below:

BOM:539098' s Interest Coverage Range Over the Past 10 Years
Min: 27.57   Med: 122.61   Max: 222.37
Current: 56.33


BOM:539098's Interest Coverage is ranked better than
72.05% of 2154 companies
in the Industrial Products industry
Industry Median: 17.44 vs BOM:539098: 56.33

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense .


Filtra Consultants and Engineers Interest Coverage Historical Data

The historical data trend for Filtra Consultants and Engineers's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Filtra Consultants and Engineers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Interest Coverage
Premium Member Only Premium Member Only Premium Member Only 155.13 137.76 27.57 32.23 56.33

Filtra Consultants and Engineers Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22
Interest Coverage Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.73 32.16 32.27 52.96 58.60

Competitive Comparison

For the Pollution & Treatment Controls subindustry, Filtra Consultants and Engineers's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Filtra Consultants and Engineers Interest Coverage Distribution

For the Industrial Products industry and Industrials sector, Filtra Consultants and Engineers's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Filtra Consultants and Engineers's Interest Coverage falls into.



Filtra Consultants and Engineers Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage = -1 * Operating Income / Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt.


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense .

Filtra Consultants and Engineers's Interest Coverage for the fiscal year that ended in Mar. 2022 is calculated as

Here, for the fiscal year that ended in Mar. 2022 , Filtra Consultants and Engineers's Interest Expense was ₹-0.7 Mil. Its Operating Income was ₹39.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage = -1 * Operating Income (A: Mar. 2022 ) / Interest Expense (A: Mar. 2022 )
= -1 * 39.488 / -0.701
= 56.33

Filtra Consultants and Engineers's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Here, for the six months ended in Mar. 2022 , Filtra Consultants and Engineers's Interest Expense was ₹-0.4 Mil. Its Operating Income was ₹24.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage = -1 * Operating Income (Q: Mar. 2022 ) / Interest Expense (Q: Mar. 2022 )
= -1 * 24.552 / -0.419
= 58.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.


Filtra Consultants and Engineers  (BOM:539098) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when JJ竞技选手新版v9.7(JJ竞技下注现场) ranks a company's overage Financial Strength .


Filtra Consultants and Engineers Interest Coverage Related Terms

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Filtra Consultants and Engineers Business Description

Filtra Consultants and Engineers logo
Traded in Other Exchanges
N/A
Address
Sahakar Wadi, Off Aarey Road, 1501, Synergy Business Park, Near Synthofine Industrial Estate, Goregaon (East), Mumbai, MH, IND, 400063
Filtra Consultants and Engineers Ltd is an India based company engaged in the business of selling water treatment products and provides related services. It trades in water treatment products such as multiport valves, dosing systems, electronic dosing pumps, pressure vessels, conductivity meters, rotameters, among others. The company also has a business-to-business (B2B) e-commerce website for water treatment components. Its business activity falls under the primary segment of the Trading and manufacturing activity of the water treatment system. The organization sells its products in India and also exports them internationally.

Filtra Consultants and Engineers Headlines

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